Copper Quest to issue 872,348 units for $113,405 debt

Mr. Brian Thurston reports COPPER QUEST ANNOUNCES SECURITIES FOR DEBT SETTLEMENT Copper Quest Exploration Inc. has entered into a securities-for-debt settlement agreement dated Feb. 11, 2026, with a professional adviser of the company. Pursuant to the agreement, the company has agreed to settle debt in the amount of $113,405.28 through the issuance of 872,348 units at a deemed price of 13 cents per unit, whereby each unit shall be composed of one common share in the capital of the company and one share purchase warrant. Each warrant will be convertible into an additional share at an exercise price of 16.5 cents per warrant share and will expire on the date that is two years following the date of issuance. The expiry date shall be subject to acceleration should the closing price of the shares on the Canadian Securities Exchange (or any such other stock exchange in Canada as the shares may trade at the applicable time) equal or exceed 50 cents for 10 consecutive trading days at any time from the date which is 4 months following their date of issue, the company may accelerate the expiry date of the warrants such that the warrants shall expire on the date which is 30 calendar days following the date a news release is issued by the company announcing the accelerated expiry date of the warrants. The agreement and the issuance of the securities thereunder are subject to the approval of the CSE. The securities will be subject to a hold period of four months and one day pursuant to CSE policies and applicable securities laws. About Copper Quest Exploration Inc. The company's landholdings comprise seven projects that span over 45,000 hectares in great mining jurisdictions of Canada and the United States. Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration and responsible development of its North American critical mineral portfolio of assets. The company's common shares are principally listed on the Canadian Securities Exchange under the symbol CQX. Copper Quest has a 100-per-cent interest in the past-producing Alpine gold mine located approximately 20 kilometres northeast of the city of Nelson, B.C., spanning 4,611.49 hectares with a 2018 National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource of 268,000 tonnes, estimated using a cut-off grade of 5.0 grams per tonne gold and an average grade of 16.52 g/t Au, that represents an inferred resource of 142,000 ounces of gold (McCuaig and Giroux, 2018). Apart from the Alpine mine itself, the property hosts four other less explored significant vein systems, including the past-producing King Solomon vein workings, the Black Prince and the Cold Blow vein system, and the Gold Crown vein system. The company has not yet completed sufficient work to verify the 2018 historic inferred resource results. Copper Quest has a 100-per-cent interest in the road-accessible Stars porphyry copper-molybdenum property, spanning 9,693 hectares in central British Columbia's Bulkley porphyry belt with Tana zone discovery drill intersection highlights of 0.466 per cent copper over 195.07 metres in drill hole DD18SS004 from 23.47 m, 0.200 per cent Cu over 396.67 m in drill hole DD18SS010 from 29.37 m and 0.205 per cent Cu over 207.27 m in drill hole DD18SS015 from 163.98 m. This highly prospective approximately five-by-2.5-kilometre annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and surrounding hornfels. Copper Quest has a 100-per-cent interest in the road-accessible Kitimat copper-gold property, spanning 2,954 hectares within the Skeena mining division of northwestern British Columbia located northwest of the deepwater port community of Kitimat, B.C. The property benefits from exceptional infrastructure, being within 10 kilometres of tidewater, 1.5 km of rail and six km of high-voltage hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totalling 4,437.5 metres in the Jeannette copper-gold zone, and drill intersection highlights of 1.03 grams per tonne Au and 0.54 per cent Cu over 117.07 m in hole J-7 from 1.52 m, 1.00 g/t Au and 0.55 per cent Cu over 103.65 m in hole J-1 from 9.15 m, 0.80 g/t Au and 0.45 per cent Cu over 107.01 m in hole J-2 from 6.10 m, and 0.41 g/t Au and 0.33 per cent Cu over 112.20 m in hole J-8 from 11.89 m. Copper Quest has a 100-per-cent interest in the Nekash copper-gold project, a porphyry exploration opportunity located in Lemhi county, Idaho, United States, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and Cumo. The project is fully road accessible through maintained U.S. highways and forest service roads, and consists of 70 unpatented federal lode claims covering 585 hectares. Copper Quest has a 100-per-cent interest in the road-accessible Stellar property, spanning 5,389 hectares in British Columbia's Bulkley porphyry belt contiguous to the Stars property. Copper Quest has a 100-per-cent interest in the Thane project located in the Quesnel terrane of Northern British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating significant copper and precious metal mineralization potential. Copper Quest has an earn-in option of up to 80 per cent and joint venture agreement on the road-accessible Rip porphyry copper-molybdenum project, spanning 4,700 hectares located in the Bulkley porphyry belt in central British Columbia. We seek Safe Harbor.